The United Nations Security Council (UNSC) has the primary responsibility under the United Nations Charter to maintain international peace and security. For this purpose, the UNSC may adopt measures which include:
- economic sanctions, arm embargoes, financial penalties and restrictions, and travel bans;
- governance of diplomatic relations;
- blockade; or
- collective military action.
Malaysia’s obligation to adhere to the United Nations Security Council (UNSC) Resolutions
As a member of the United Nations, Malaysia is obliged to comply with the UNSC’s Resolutions.
Financial sanctions relating to financial institutions (FIs) and designated non-financial businesses and professions (DNFBPs)
FIs and DNFBPs have the obligation to implement financial restrictions/ financial sanctions by freezing all funds, financial assets and economic resources owned or controlled directly or indirectly by individuals or entities designated by the UNSC or persons acting on their behalf. In addition, the reporting institutions are also prohibited from providing any financial services to the designated individuals and entities.
Sanctions Imposed by the United Nations Security Council (UNSC)Sanctions Related to Terrorism and Terrorism Financing
Sanctions Related to Proliferation of Weapons of Mass Destruction (WMD)